Bitcoin (BTC) MA Death/Golden Cross Analysis (Part 15) --> +42%

And we're long again! We had a very nice short position here for a while, but BTC finally made a breakout above the MA! The stats for our last segment are:

Segment 8

05/19/2018 - BUY $8,200
05/22/2018 - SELL $8,300
05/29/2018 - BUY $7,450
Beginning ($): $14,200
Ending ($): $14,200
Beginning (BTC): 1.71
Ending (BTC): 1.91

Segment 9

05/29/2018 - BUY $7,450
TBD - SELL TBD
TBD - BUY TBD
Beginning ($): $14,200
Ending ($): TBD
Beginning (BTC): 1.91
Ending (BTC): TBD

We've almost doubled our BTC investment since we've started, and we're up 42% against USD! I know this isn't the moon shot that a lot of crypto investors look for, but these gains in traditional capital markets are insane! We've set our stop loss at $7.2k just in case BTC continues to fall. Otherwise, let's hope for a bull run here, because our gains against BTC will compound our USD gains!

註釋

We saw a slight bump and then a fall below the MA. Let's stick to our stop loss and see where the day takes us!

註釋

We've still above our buy-in but we're not seeing much movement in either direction. Stick to our stop loss and let's see where today takes us!

註釋

I'm not seeing many long positions on TradingView, so let's stick to the stop loss tightly!

註釋

We're roughly following the ascension line that I drew out, but we're not breaking out much above that. As of right now, we're still using our stop loss

註釋

We're now using the MA as the stop, we're seeing some gains against USD, but we're not seeing the large spikes we were hoping for.

註釋

We just saw a day of flat followed by a strong dip this 15m, look out for the price dropping like a rock under our MA here!

交易結束：達到停損點

We hit our sell at $7,650 last night, locking in some profit against USD on this leg! Short position to be posted in a few minutes.

註釋

I'm going to wait another day before posting the short position, we made a slight recovery and it's hard to tell if it'll pop back up or fall like we're looking for!

註釋

We saw a spike back up to our sell position just now, but we're showing overbought at the moment. Hold this short position until we see the RSI recover.